The Bank of Ghana has suspended the foreign exchange licences of Guaranty Trust Bank and FBN Bank for one month. The apex bank in Ghana announced the suspension of the two Nigerian banks Tuesday in a statement it issued. It said in the statement: “Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN), effective 18th March 2024, for a period of one (1) month, in accordance with section 11 (2) of the Foreign Exchange Act 2006, (Act…
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